The Traderszone Network

Published in TZ Latest News 6 May, 2016 by The TZ Newswire Staff

Short-Term Indicators Turning Bullish – Weekly Chart Review

Today’s review of the weekly charts is quite interesting. Despite bearish intermediate-term indicators, the weekly chart PMOs are still rising. Price patterns aren’t particularly bullish on those charts, but ultimately they are presenting bullish. Looking at the DP Scoreboards, this isn’t a complete surprise given that the Intermediate-Term signals are showing bullish.
The purpose of